| O latest price $71.5400 (-0.24%) ($71.1100 - $72.2500) on Thu. Aug. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 61 |
Latest Price | $71.5400(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O advances 1.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(68%) SDY(67%) IFRA(61%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.49% in a week (0% probabilities). VIXM(-40%) UUP(-20%) TBT(-13%) VXX(-10%) EDOC(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.49% (StdDev 0.98%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.1% |
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